- DJIA Index
- The #DJ(Mkt) ended Higher(Cond) for
May(Month). Compared to April's 37816.00(Prev Close), the market ended May at 38686.00(Month Close),
that being 39%(Pct Range) off of
37795.00(Month Low) to 40077.00(Month High).
In comparing the April/May closes for each of the last 45 years(Total Years), Scenario found that the DJIA Index also closed
higher in May than April in 27(Cond Years) of those years.
Of those 27, the #DJ went on to exceed the May high within the next 2 months in 23 years(Action Years) or 85%(Pct) of the time.
Therefore, the historical odds are high that the the #DJ should exceed 40077.00(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 23 years) a potential move
toward 41878.62(Average Objective).
- S & P 100(OEX)
- The #OEX(Mkt) ended Higher(Cond) for
May(Month). Compared to April's 2385.90(Prev Close), the market ended May at 2521.65(Month Close),
that being 85%(Pct Range) off of
2376.15(Month Low) to 2548.25(Month High).
In comparing the April/May closes for each of the last 45 years(Total Years), Scenario found that the S & P 100(OEX) also closed
higher in May than April in 29(Cond Years) of those years.
Of those 29, the #OEX went on to exceed the May high within the next 2 months in 27 years(Action Years) or 93%(Pct) of the time.
Therefore, the historical odds are high that the the #OEX should exceed 2548.25(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 27 years) a potential move
toward 2666.98(Average Objective).
- NASDAQ 100 Index
- The #NQ(Mkt) ended Higher(Cond) for
May(Month). Compared to April's 1056.50(Prev Close), the market ended May at 2152.50(Month Close),
that being 77%(Pct Range) off of
900.25(Month Low) to 2523.50(Month High).
In comparing the April/May closes for each of the last 38 years(Total Years), Scenario found that the NASDAQ 100 Index also closed
higher in May than April in 25(Cond Years) of those years.
Of those 25, the #NQ went on to exceed the May high within the next 2 months in 24 years(Action Years) or 96%(Pct) of the time.
Therefore, the historical odds are high that the the #NQ should exceed 2523.50(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 24 years) a potential move
toward 2648.75(Average Objective).
- Russell 2000 Index
- The #QR(Mkt) ended Higher(Cond) for
May(Month). Compared to April's 1973.90(Prev Close), the market ended May at 2059.80(Month Close),
that being 80%(Pct Range) off of
1968.05(Month Low) to 2082.05(Month High).
In comparing the April/May closes for each of the last 45 years(Total Years), Scenario found that the Russell 2000 Index also closed
higher in May than April in 28(Cond Years) of those years.
Of those 28, the #QR went on to exceed the May high within the next 2 months in 25 years(Action Years) or 89%(Pct) of the time.
Therefore, the historical odds are high that the the #QR should exceed 2082.05(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 25 years) a potential move
toward 2191.54(Average Objective).
- September 30-Year T-Bonds(CBOT)
- The USU4(Mkt) ended Higher(Cond) for
May(Month). Compared to April's 113~270(Prev Close), the market ended May at 116~020(Month Close),
that being 45%(Pct Range) off of
113~250(Month Low) to 118~270(Month High).
In comparing the April/May closes for each of the last 45 years(Total Years), Scenario found that the September 30-Year T-Bonds(CBOT) also closed
higher in May than April in 22(Cond Years) of those years.
Of those 22, USU went on to exceed the May high within the next 2 months in 22 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the USU should exceed 118~270(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 22 years) a potential move
toward 123~150(Average Objective).
- September 10-Year T-Notes(CBOT)
- The TYU4(Mkt) ended Higher(Cond) for
May(Month). Compared to April's 107~215(Prev Close), the market ended May at 108~255(Month Close),
that being 43%(Pct Range) off of
107~210(Month Low) to 110~090(Month High).
In comparing the April/May closes for each of the last 41 years(Total Years), Scenario found that the September 10-Year T-Notes(CBOT) also closed
higher in May than April in 21(Cond Years) of those years.
Of those 21, TYU went on to exceed the May high within the next 2 months in 19 years(Action Years) or 90%(Pct) of the time.
Therefore, the historical odds are high that the TYU should exceed 110~090(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 19 years) a potential move
toward 112~310(Average Objective).
- September 5-Year T-Notes(CBOT)
- The FVU4(Mkt) ended Higher(Cond) for
May(Month). Compared to April's 105~012(Prev Close), the market ended May at 105~254(Month Close),
that being 42%(Pct Range) off of
105~020(Month Low) to 106~262(Month High).
In comparing the April/May closes for each of the last 35 years(Total Years), Scenario found that the September 5-Year T-Notes(CBOT) also closed
higher in May than April in 22(Cond Years) of those years.
Of those 22, FVU went on to exceed the May high within the next 2 months in 19 years(Action Years) or 86%(Pct) of the time.
Therefore, the historical odds are high that the FVU should exceed 106~262(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 19 years) a potential move
toward 108~190(Average Objective).
- September Australian Dollar(CME)
- The ADU4(Mkt) ended Higher(Cond) for
May(Month). Compared to April's 65.07(Prev Close), the market ended May at 66.63(Month Close),
that being 70%(Pct Range) off of
64.91(Month Low) to 67.36(Month High).
In comparing the April/May closes for each of the last 37 years(Total Years), Scenario found that the September Australian Dollar(CME) also closed
higher in May than April in 15(Cond Years) of those years.
Of those 15, ADU went on to exceed the May high within the next 2 months in 14 years(Action Years) or 93%(Pct) of the time.
Therefore, the historical odds are high that the ADU should exceed 67.36(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 14 years) a potential move
toward 69.19(Average Objective).
- September Soybeans(CBOT)
- The SU4(Mkt) ended Higher(Cond) for
May(Month). Compared to April's 1156.75(Prev Close), the market ended May at 1184.50(Month Close),
that being 41%(Pct Range) off of
1151.00(Month Low) to 1233.50(Month High).
In comparing the April/May closes for each of the last 45 years(Total Years), Scenario found that the September Soybeans(CBOT) also closed
higher in May than April in 19(Cond Years) of those years.
Of those 19, SU went on to exceed the May high within the next 2 months in 16 years(Action Years) or 84%(Pct) of the time.
Therefore, the historical odds are high that the SU should exceed 1233.50(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 16 years) a potential move
toward 1385.50(Average Objective).
- November Soybeans(CBOT)
- The SX4(Mkt) ended Higher(Cond) for
May(Month). Compared to April's 1159.50(Prev Close), the market ended May at 1184.50(Month Close),
that being 40%(Pct Range) off of
1153.75(Month Low) to 1230.50(Month High).
In comparing the April/May closes for each of the last 45 years(Total Years), Scenario found that the November Soybeans(CBOT) also closed
higher in May than April in 19(Cond Years) of those years.
Of those 19, SX went on to exceed the May high within the next 2 months in 19 years(Action Years) or 100%(Pct) of the time.
Therefore, the historical odds are high that the SX should exceed 1230.50(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 19 years) a potential move
toward 1362.78(Average Objective).
- September Corn(CBOT)
- The CU4(Mkt) ended Lower(Cond) for
May(Month). Compared to April's 455.75(Prev Close), the market ended May at 454.00(Month Close),
that being 6%(Pct Range) off of
452.00(Month Low) to 484.50(Month High).
In comparing the April/May closes for each of the last 45 years(Total Years), Scenario found that the September Corn(CBOT) also closed
lower in May than April in 24(Cond Years) of those years.
Of those 24, CU went on to penetrate the May low within the next 2 months in 23 years(Action Years) or 96%(Pct) of the time.
Therefore, the historical odds are high that the CU should penetrate 452.00(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 23 years) a potential move
toward 403.84(Average Objective).
- December Corn(CBOT)
- The CZ4(Mkt) ended Lower(Cond) for
May(Month). Compared to April's 469.50(Prev Close), the market ended May at 467.00(Month Close),
that being 3%(Pct Range) off of
466.00(Month Low) to 496.75(Month High).
In comparing the April/May closes for each of the last 45 years(Total Years), Scenario found that the December Corn(CBOT) also closed
lower in May than April in 24(Cond Years) of those years.
Of those 24, CZ went on to penetrate the May low within the next 2 months in 22 years(Action Years) or 92%(Pct) of the time.
Therefore, the historical odds are high that the CZ should penetrate 466.00(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 22 years) a potential move
toward 419.49(Average Objective).
- March Corn(CBOT)
- The CH5(Mkt) ended Lower(Cond) for
May(Month). Compared to April's 483.50(Prev Close), the market ended May at 479.50(Month Close),
that being 3%(Pct Range) off of
478.75(Month Low) to 508.25(Month High).
In comparing the April/May closes for each of the last 45 years(Total Years), Scenario found that the March Corn(CBOT) also closed
lower in May than April in 24(Cond Years) of those years.
Of those 24, CH went on to penetrate the May low within the next 2 months in 22 years(Action Years) or 92%(Pct) of the time.
Therefore, the historical odds are high that the CH should penetrate 478.75(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 22 years) a potential move
toward 435.48(Average Objective).
- December Oats(CBOT)
- The OZ4(Mkt) ended Higher(Cond) for
May(Month). Compared to April's 363.50(Prev Close), the market ended May at 386.75(Month Close),
that being 50%(Pct Range) off of
361.00(Month Low) to 412.75(Month High).
In comparing the April/May closes for each of the last 45 years(Total Years), Scenario found that the December Oats(CBOT) also closed
higher in May than April in 20(Cond Years) of those years.
Of those 20, OZ went on to exceed the May high within the next 2 months in 17 years(Action Years) or 85%(Pct) of the time.
Therefore, the historical odds are high that the OZ should exceed 412.75(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 17 years) a potential move
toward 476.04(Average Objective).
- August Live Cattle(CME)
- The LCQ4(Mkt) ended Higher(Cond) for
May(Month). Compared to April's 173.100(Prev Close), the market ended May at 178.450(Month Close),
that being 69%(Pct Range) off of
170.080(Month Low) to 182.150(Month High).
In comparing the April/May closes for each of the last 45 years(Total Years), Scenario found that the August Live Cattle(CME) also closed
higher in May than April in 18(Cond Years) of those years.
Of those 18, LCQ went on to exceed the May high within the next 2 months in 16 years(Action Years) or 89%(Pct) of the time.
Therefore, the historical odds are high that the LCQ should exceed 182.150(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 16 years) a potential move
toward 193.062(Average Objective).
- October Live Cattle(CME)
- The LCV4(Mkt) ended Higher(Cond) for
May(Month). Compared to April's 177.050(Prev Close), the market ended May at 180.800(Month Close),
that being 62%(Pct Range) off of
173.880(Month Low) to 185.100(Month High).
In comparing the April/May closes for each of the last 45 years(Total Years), Scenario found that the October Live Cattle(CME) also closed
higher in May than April in 19(Cond Years) of those years.
Of those 19, LCV went on to exceed the May high within the next 2 months in 16 years(Action Years) or 84%(Pct) of the time.
Therefore, the historical odds are high that the LCV should exceed 185.100(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 16 years) a potential move
toward 195.290(Average Objective).
- December Live Cattle(CME)
- The LCZ4(Mkt) ended Higher(Cond) for
May(Month). Compared to April's 181.800(Prev Close), the market ended May at 184.650(Month Close),
that being 59%(Pct Range) off of
178.600(Month Low) to 188.880(Month High).
In comparing the April/May closes for each of the last 45 years(Total Years), Scenario found that the December Live Cattle(CME) also closed
higher in May than April in 20(Cond Years) of those years.
Of those 20, LCZ went on to exceed the May high within the next 2 months in 17 years(Action Years) or 85%(Pct) of the time.
Therefore, the historical odds are high that the LCZ should exceed 188.880(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 17 years) a potential move
toward 197.611(Average Objective).
- November Feeder Cattle(CME)
- The FCX4(Mkt) ended Higher(Cond) for
May(Month). Compared to April's 255.930(Prev Close), the market ended May at 258.850(Month Close),
that being 53%(Pct Range) off of
250.680(Month Low) to 266.080(Month High).
In comparing the April/May closes for each of the last 45 years(Total Years), Scenario found that the November Feeder Cattle(CME) also closed
higher in May than April in 26(Cond Years) of those years.
Of those 26, FCX went on to exceed the May high within the next 2 months in 23 years(Action Years) or 88%(Pct) of the time.
Therefore, the historical odds are high that the FCX should exceed 266.080(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 23 years) a potential move
toward 279.047(Average Objective).
- August Lean Hogs(CME)
- The HEQ4(Mkt) ended Lower(Cond) for
May(Month). Compared to April's 103.400(Prev Close), the market ended May at 96.500(Month Close),
that being 14%(Pct Range) off of
95.200(Month Low) to 104.350(Month High).
In comparing the April/May closes for each of the last 45 years(Total Years), Scenario found that the August Lean Hogs(CME) also closed
lower in May than April in 25(Cond Years) of those years.
Of those 25, HEQ went on to penetrate the May low within the next 2 months in 21 years(Action Years) or 84%(Pct) of the time.
Therefore, the historical odds are high that the HEQ should penetrate 95.200(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 21 years) a potential move
toward 87.023(Average Objective).
- October Lean Hogs(CME)
- The HEV4(Mkt) ended Lower(Cond) for
May(Month). Compared to April's 85.600(Prev Close), the market ended May at 82.900(Month Close),
that being 26%(Pct Range) off of
81.800(Month Low) to 86.100(Month High).
In comparing the April/May closes for each of the last 45 years(Total Years), Scenario found that the October Lean Hogs(CME) also closed
lower in May than April in 25(Cond Years) of those years.
Of those 25, HEV went on to penetrate the May low within the next 2 months in 22 years(Action Years) or 88%(Pct) of the time.
Therefore, the historical odds are high that the HEV should penetrate 81.800(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 22 years) a potential move
toward 73.577(Average Objective).
- September Cocoa(ICE)
- The CCU4(Mkt) ended Lower(Cond) for
May(Month). Compared to April's 8805(Prev Close), the market ended May at 8586(Month Close),
that being 83%(Pct Range) off of
6418(Month Low) to 9029(Month High).
In comparing the April/May closes for each of the last 45 years(Total Years), Scenario found that the September Cocoa(ICE) also closed
lower in May than April in 25(Cond Years) of those years.
Of those 25, CCU went on to penetrate the May low within the next 2 months in 21 years(Action Years) or 84%(Pct) of the time.
Therefore, the historical odds are high that the CCU should penetrate 6418(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 21 years) a potential move
toward 5784(Average Objective).
- December Cocoa(ICE)
- The CCZ4(Mkt) ended Lower(Cond) for
May(Month). Compared to April's 8079(Prev Close), the market ended May at 7713(Month Close),
that being 74%(Pct Range) off of
5865(Month Low) to 8351(Month High).
In comparing the April/May closes for each of the last 45 years(Total Years), Scenario found that the December Cocoa(ICE) also closed
lower in May than April in 26(Cond Years) of those years.
Of those 26, CCZ went on to penetrate the May low within the next 2 months in 23 years(Action Years) or 88%(Pct) of the time.
Therefore, the historical odds are high that the CCZ should penetrate 5865(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 23 years) a potential move
toward 5308(Average Objective).
- December Cotton(ICE)
- The CTZ4(Mkt) ended Lower(Cond) for
May(Month). Compared to April's 76.83(Prev Close), the market ended May at 75.11(Month Close),
that being 24%(Pct Range) off of
73.75(Month Low) to 79.45(Month High).
In comparing the April/May closes for each of the last 45 years(Total Years), Scenario found that the December Cotton(ICE) also closed
lower in May than April in 26(Cond Years) of those years.
Of those 26, CTZ went on to penetrate the May low within the next 2 months in 22 years(Action Years) or 85%(Pct) of the time.
Therefore, the historical odds are high that the CTZ should penetrate 73.75(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 22 years) a potential move
toward 68.63(Average Objective).
- March Cotton(ICE)
- The CTH5(Mkt) ended Lower(Cond) for
May(Month). Compared to April's 78.49(Prev Close), the market ended May at 76.79(Month Close),
that being 26%(Pct Range) off of
75.35(Month Low) to 80.80(Month High).
In comparing the April/May closes for each of the last 45 years(Total Years), Scenario found that the March Cotton(ICE) also closed
lower in May than April in 26(Cond Years) of those years.
Of those 26, CTH went on to penetrate the May low within the next 2 months in 22 years(Action Years) or 85%(Pct) of the time.
Therefore, the historical odds are high that the CTH should penetrate 75.35(Scenario Objective) by no later than the end of July.
If it does so, Scenario would further project (based on
normalizing those previous 22 years) a potential move
toward 70.34(Average Objective).
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